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NewPeak Metals Secures Allaru Vanadium Project, Launches $3M Rights Issue

4:54pm on Thursday 30th of January, 2025 AEDT Mining
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NewPeak Metals Secures Allaru Vanadium Project, Launches $3M Rights Issue

4:54pm on Thursday 30th of January, 2025 AEDT
Key Points
  • Acquisition of Allaru Vanadium Project with 710 million tonnes inferred resource
  • Rights issue announced to raise $2–3 million at $0.0165 per share
  • Ongoing exploration at Treuer Range Uranium-Vanadium Project delayed by weather
  • Divestment of non-core assets in Finland, Sweden, and New Zealand completed
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